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Nov 30, 2012
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summers ago, congress realized that if they couldn't compromise on a deficit and revenue plan, our economy would crash. turns out they couldn't compromise. so here's what they did. in order to force themselves to work together and compromise, they concocted a catastrophic penalty that would itself crash our economy. put it another way. if there was an asteroid headed towards the earth, we made it and fired it at ourselves. because otherwise we would never have done the hard work required to protect ourselves from asteroids. >> see, that's one way of looking at it. yes. >>> halle berry's thanksgiving day drama seems to be winding down. progress has been made regarding the holiday fistfight between hallry berry's ex-boyfriend, gabriel aubry, and her current fiance. in a statement, berry's lawyer said she and aubrey have reached an amicable agreement. berry had a restraining order put into effect after that fight to keep aubrey from seeing their 4-year-old daughter. >>> so lindsay lohan, she's done it again, arrested thursday for allegedly punching a woman in the face in a new york city fig n
summers ago, congress realized that if they couldn't compromise on a deficit and revenue plan, our economy would crash. turns out they couldn't compromise. so here's what they did. in order to force themselves to work together and compromise, they concocted a catastrophic penalty that would itself crash our economy. put it another way. if there was an asteroid headed towards the earth, we made it and fired it at ourselves. because otherwise we would never have done the hard work required to...
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Dec 3, 2012
12/12
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major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: house republicans today offered their counter- offer to the president's plan for a deal both sides say is needed to avoid year-end tax increases. the move was the latest volley in an increasingly tense face- off between the two branches of government. >> with 28 days left to come to a deal on the nation's fiscal cliff, the white house is holding firm on its proposal to raise taxes on the wealthy. spokesman jay carney. >> the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessa
major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you....
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Nov 30, 2012
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in their pockets, continued to keep that amount of money in their pockets at a critical time in our economy. we can have that passed right away by the house and signed by the president. that would be a great christmas gift to everybody, 98% of all of americans. >> why can't they just be grown up about this, accept that there's movement on both sides to be done, and get it done over a turkey at the white house? >> well, you know, it would be great to have a celebration. we can start that celebration by passing what's already sitting in the house of representatives that was passed in the united states senate, which is a continuing tax cut for 98% of all americans. we have put down our down payment towards deficit reduction by saying that we believe that $1 trillion or so over the next decade of those tax cuts above and beyond a quarter of a million dollars can go to deficit reduction. our republican colleagues need to say specifically what they want to cut. when they say entitlements, entitlements is medicare and medicaid. what do you want to do about medicare and medicaid? put it on the tabl
in their pockets, continued to keep that amount of money in their pockets at a critical time in our economy. we can have that passed right away by the house and signed by the president. that would be a great christmas gift to everybody, 98% of all of americans. >> why can't they just be grown up about this, accept that there's movement on both sides to be done, and get it done over a turkey at the white house? >> well, you know, it would be great to have a celebration. we can start...
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Nov 28, 2012
11/12
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new home sales fell by .3 of a percentage point but housing overall has been a bright spot in the economy in recent weeks. today's dip did not bother wall street. the dow gained 107. s&p 500 up 11. nasdaq finished ahead 24. argentina may look at another big default. the fitch credit rating agency downgraded argentina five notches. the country also defaulted in 2002. meantime, the european commission has approved a plan to rescue spain's banks. it will force the closing of half their branchs. plus the elimination of thousands of jobs. greece's finance minister says a bond buy-back program must work in order to reduce the country's huge debt. failure to communicate and you are paying for it. that is later in the grapevine. up next, is the u.n. ambassador going job hunting? [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15entrees under $15, seafood, chicken and more! oothe tilapiawith roastedegetab! i'm actually looking at the wo grilled chicken w
new home sales fell by .3 of a percentage point but housing overall has been a bright spot in the economy in recent weeks. today's dip did not bother wall street. the dow gained 107. s&p 500 up 11. nasdaq finished ahead 24. argentina may look at another big default. the fitch credit rating agency downgraded argentina five notches. the country also defaulted in 2002. meantime, the european commission has approved a plan to rescue spain's banks. it will force the closing of half their...
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Dec 3, 2012
12/12
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and 200 billion in new spending to is that stimulate the economy. treasury secretary jim guy near saying republicans do not have a plan. as far as where we are with the fiscal cliff negotiations right now, we are nowhere. >> said in an moderations tend to be smaller if the president is having a second one. this coming january's inauguration for president obama will follow the same trend. there'll be close to 800,000 down from the million that crowded the national mall four years ago. >> the time is now 5:34 a.m. and the morning commute looks to be pretty good as far as the weather goes. this and the sale bridge looks great, a clear dry an easy ride. we will be right back. hong ♪ secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health of your family depend on it. let's take a quick look at the weather. it looks like mid-week but weather will be nice and mild into the weekend. all in all, not a bad looking for cast. we will get a deta
and 200 billion in new spending to is that stimulate the economy. treasury secretary jim guy near saying republicans do not have a plan. as far as where we are with the fiscal cliff negotiations right now, we are nowhere. >> said in an moderations tend to be smaller if the president is having a second one. this coming january's inauguration for president obama will follow the same trend. there'll be close to 800,000 down from the million that crowded the national mall four years ago....
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Nov 29, 2012
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. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority leader mitch mcconnell criticized democrats for putting social security off limits in any deficit deal. >> as for social security, the only thing we hear from why in the world wouldn't they want to talk about the fact that this vital program started spending out more than it took in 2010, for the first time in nearly 30 years and that its trustees now estimat
. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident...
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Dec 2, 2012
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i really believe if we solve this problem, the economy is going to take off. >> but solve it in a big way. don't you agree, governor? >> absolutely. >> we have to go big on this. >> we can't kick the can down the road. sorry we're taking the show over from you. >> i needed a breather, anyway, you're chairman of the fix the debt group. democrats at this point, do you think they are -- dealing seriously enough with entitlement reforms? >> i think some of them like senator durbin are, but there are a lot of people on left of our party, the progressive wing of the party, very progressive wing that haven't come to grips with what i said at the beginning and what susan echoed. that if we're going to ask the republicans to raise rates and raise, i think somewhere around $1.3 trillion in revenue, then we've got to give them something that their base cares about so they can do it. so they can actually make the deal and close the deal. i don't think we're aware of that yet. before all of us. >> i want to talk about susan rice, the u.s. ambassador to the u.n. possible nominee for secretary of st
i really believe if we solve this problem, the economy is going to take off. >> but solve it in a big way. don't you agree, governor? >> absolutely. >> we have to go big on this. >> we can't kick the can down the road. sorry we're taking the show over from you. >> i needed a breather, anyway, you're chairman of the fix the debt group. democrats at this point, do you think they are -- dealing seriously enough with entitlement reforms? >> i think some of them...
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Nov 30, 2012
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major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the battle for control of syria reached ever closer to the capital today. heavy fighting flared near the damascus airport, and online access was cut, as the pressure intensified on president bashar al-assad. we have a report narrated by jonathan rugman of "independent television news." >> reporter: it could be the west's worst nightmare. jubilant jihadist fighters near damascus. this group has captured a helicopter and these islamists are now in the vanguard of syria's rebel army. syrian warplanes and helicopters were filmed attacking the fringes of the capital today. and t
major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you....
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Nov 30, 2012
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the american economy is on the line. and this is a moment for adult leadership. host: up next on the proposal that was offered by the white house on the fiscal cliff. this is jon. independent line. hello. caller: hello. first of all, happy holidays. not sure. happy holidays, anyway. second of all, you people are journalists. you people are true journalists. i watch every day of the week. and one more thing, that fool that called yesterday, must be a product of inbreeding the way -- i don't know how they let him in. host: before we go back to yesterday, what do you think of the proposal today? >> caller: well, you don't know what they do behind closed doors. what they put out to the public is one thing and from both parties. they both have a little spin here and there. politicians to me, ha, i could tell you a story that happened when i was a kid in the 1950's. i'm originally from new york and some woman asked a politics who was running, why should i vote for you? and he said outright, because time biggest crook in this neighborhood and that guy was always voted i
the american economy is on the line. and this is a moment for adult leadership. host: up next on the proposal that was offered by the white house on the fiscal cliff. this is jon. independent line. hello. caller: hello. first of all, happy holidays. not sure. happy holidays, anyway. second of all, you people are journalists. you people are true journalists. i watch every day of the week. and one more thing, that fool that called yesterday, must be a product of inbreeding the way -- i don't know...
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Nov 29, 2012
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for moving the economy forward. president obama, of course, said on election night that he wanted to sit down with mitt romney and do exactly that. and carney was also asked again if president obama would be offering romney any sort of cabinet position. and carney said he did not expect that to happen. i think this was in large part about optics. striking a tone of bipartisanship after what was really a grueling campaign season. helping these two former rivals to essentially move forward. also, in turn, helping the country to move forward. >> is there going to be an internal release of a picture or something like that of the two-minute lunch today? we only have that, you know, little bit of video of mitt romney arriving. >> reporter: yes. that is what we are hoping for. we're hoping for a picture. we're hoping for a few details about what specifically happened. the white house has essentially said they're not going to read out this entire lunch. we asked them for a transcript. doesn't look like we're going to get th
for moving the economy forward. president obama, of course, said on election night that he wanted to sit down with mitt romney and do exactly that. and carney was also asked again if president obama would be offering romney any sort of cabinet position. and carney said he did not expect that to happen. i think this was in large part about optics. striking a tone of bipartisanship after what was really a grueling campaign season. helping these two former rivals to essentially move forward. also,...
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Nov 29, 2012
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, have a lot of money on the line, recognize house republicans are willing to go nuts and wreck the economy if you enlist them, you've put additional pressure on republicans to come to the table and agree to a deal that's more along the lines of what democrats and president obama would like to happen. i think there's -- there's something in it for president obama. >> maybe form a daisy chain with the ceo of caterpillar and pepsico and walk around. >> not touching that one. >> interesting optical political kabuki theater. as moderate republicans join the critical corous over susan rice, we'll look at rice resume on "now." so anyway, i've been to a lot of places. you know, i've helped alot of people save a lot of money. but today...( sfx: loud noise of metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) awhat strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. [ male announcer ] introducing a brand new medicare prescription drug plan. it's called
, have a lot of money on the line, recognize house republicans are willing to go nuts and wreck the economy if you enlist them, you've put additional pressure on republicans to come to the table and agree to a deal that's more along the lines of what democrats and president obama would like to happen. i think there's -- there's something in it for president obama. >> maybe form a daisy chain with the ceo of caterpillar and pepsico and walk around. >> not touching that one. >>...
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. >> shepard: vice president biden did his part for the economy today. he went shopping? >> yeah a new cosco here in washington, d.c. opened up today. big crowd in the parking lot. vice president's motorcade showed up. he actually bought a big screen tv as well as a apple pie. what could be more american than that. he went on to is a say he is feeling good and optimistic about a deal. take a listen. >> i am. i am. all these folks in this store, man, going to make a difference. >> more important than shopping trip will be what actually happens between the president and speaker boehner. we're told they had a phone call last night. initial report suggested it was tense. white house saying they made some progress. we will see. shep? >> shepard: ed henry at the white house tonight. thanks very much. we are learning a bit more about the winning power ball tickets from last night's record jackpot. we don't yet know who the big winners are. but we do know what one guy plans to do with his-million-dollar second prize. turns out it involves dinner at red lobster. that's ahead. plus
. >> shepard: vice president biden did his part for the economy today. he went shopping? >> yeah a new cosco here in washington, d.c. opened up today. big crowd in the parking lot. vice president's motorcade showed up. he actually bought a big screen tv as well as a apple pie. what could be more american than that. he went on to is a say he is feeling good and optimistic about a deal. take a listen. >> i am. i am. all these folks in this store, man, going to make a difference....
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Nov 30, 2012
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i think the economy is lower than it was last year. slower than it was the year before, and we have this idea and notion that somehow raising taxes is going to create jobs. we have about 23 million americans looking for work. raising taxes doesn't create jobs. if we want more revenue in washington we need to grow the economy. we need to provide a moratorium for obama care. we need to talk about ways we can grow the economy and get washington out of the way so people can go back to work. >> congressman, you know, americans really want to compromise here and they want finally a plan and to resolve this fiscal cliff. will republicans now counter with their own version of a plan, and -- and if you could share some details of what that potentially would look like? >> i think one of the problems with washington in general is these things are taking place behind closed doors. that didn't work out a year and a half ago when they put together a bad deal. both sides, the president, majority leader, the speaker, that created this crisis, but the
i think the economy is lower than it was last year. slower than it was the year before, and we have this idea and notion that somehow raising taxes is going to create jobs. we have about 23 million americans looking for work. raising taxes doesn't create jobs. if we want more revenue in washington we need to grow the economy. we need to provide a moratorium for obama care. we need to talk about ways we can grow the economy and get washington out of the way so people can go back to work....
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so the economy must be getting better. >> yeah. >> getting in the season. >>> next half hour coming up, it's the richest powerball jackpot ever. two winners are splitting the prize. >> what's expected between president obama and mitt romney as they meet for the first time since their last debate? coming your way. >>> a woman wakes up to find an intruder in her apartment. and now he is on the loose. police have been searching all night. we'll update you live from the scene next. ,,,, welcome se my lcret d you are?air.an your worst nightmare mr. box. since you foolishly brought back your bonus jack! i have copied your two pure beef patties, lettuce, melting cheese, pickles, and middle bun, plus fries and a drink for $4.49. and now you will tell me what is in your secret sauce!! uh, i think i know. "we all know," "pretty obvious." you couldn't tell me when i handed out the wiener-dog lasers!?! g right now >> your realtime captioner: linda marie macdonald >>> a woman wakes up and screams to find an intruder in her home. the manhunt happening right now in palo alto. >> and engineers say our
so the economy must be getting better. >> yeah. >> getting in the season. >>> next half hour coming up, it's the richest powerball jackpot ever. two winners are splitting the prize. >> what's expected between president obama and mitt romney as they meet for the first time since their last debate? coming your way. >>> a woman wakes up to find an intruder in her apartment. and now he is on the loose. police have been searching all night. we'll update you live...
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Nov 30, 2012
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the american economy is on the line. this is a moment for american leadership. it is the way ticket it done until washington. a mature0 lead and a had a meeting with his secretary. it was frank and d -- it was frank and direct. we saw to find out what the president is really willing to do. i remain hopeful that productive conversations can be made it into the it is ahead. elicited a leadership team met with a risk in bull's and leadership is above the business approach the warehouse as an annoyance. i have made clear that we have made the concessions on the line by putting ravenna's up front. many democrats grow up dozens of booklets that must be part of a sensible agreement that will reduce the deficit. there has been a sensible spending cuts so far. 2 there is a real danger of a2 and of222222222222222222222222222222 222222222222. 22222222222222222222222222222222 2222222222222222222222222 caught22222222222222222222222222 222222222222222222222222222222 job222222222222222. 22222222222222222222222222222222 22222222222222222222222222222222 2222222222222222222222222
the american economy is on the line. this is a moment for american leadership. it is the way ticket it done until washington. a mature0 lead and a had a meeting with his secretary. it was frank and d -- it was frank and direct. we saw to find out what the president is really willing to do. i remain hopeful that productive conversations can be made it into the it is ahead. elicited a leadership team met with a risk in bull's and leadership is above the business approach the warehouse as an...
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Nov 30, 2012
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it's had more impact on the economy. >> yeah. americans cut back on spending last month and their income stayed flat and with more on that let's join ashley morrison of cbsmoneywatch.com. she's in new york city. ashley, are you there? good morning. >> reporter: good morning, frank and michelle. yes. we're keeping our eye on the "fiscal cliff" this morning and the markets are changing as we speak. but earlier this morning asian markets rallied on gains by exporters and year end buying. tokyo's nikkei gained .5% to close out a 7 month high while hong kong's hang seng also rows .5%. >>> on wall street, stocks ended modestly higher on homes of a budget deal and on encouraging economic reports. dow was up 36 on thursday. the nasdaq finished 20 points higher. >>> and president obama presented his plan to avoid the "fiscal cliff" to members of congress. the $4trillion plan includes $1.6 trillion in new taxes on upper income americans. $400billion in cuts to medicare and other entitlement programs. $50billion in stimulus spending and the
it's had more impact on the economy. >> yeah. americans cut back on spending last month and their income stayed flat and with more on that let's join ashley morrison of cbsmoneywatch.com. she's in new york city. ashley, are you there? good morning. >> reporter: good morning, frank and michelle. yes. we're keeping our eye on the "fiscal cliff" this morning and the markets are changing as we speak. but earlier this morning asian markets rallied on gains by exporters and year...
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Nov 29, 2012
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because of what does happen in the global economy. let's marry those two things. recognize the states powerful country that should not be a basis of resentment. it should be a basis of our pride and the importance of the relationship we share. we have tried to project that you to canadians and i think canadians are embracing that. they can celebrate the anniversary of the war of 1812. celebrating our history and at the same time recognizing the great reyes -- relationship that has come out of that part of history. that is what we're trying to do in this country. i think canadians are embracing back. my only complaint -- we always like to have more attention in the united states. we pay a lot of attention to you. he sometimes did not pay enough attention to us. the squeaky wheel gets the grease. we are not a squeaky wheel. we recognize the united states has obligations and responsibilities that are global. to the extent -- we can do what we can be helpful in that role. >> we will and on one thing. we talked about american pop culture. there is a picture of you from
because of what does happen in the global economy. let's marry those two things. recognize the states powerful country that should not be a basis of resentment. it should be a basis of our pride and the importance of the relationship we share. we have tried to project that you to canadians and i think canadians are embracing that. they can celebrate the anniversary of the war of 1812. celebrating our history and at the same time recognizing the great reyes -- relationship that has come out of...
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it's about what the effect will be on the economy. just to be clear -- >> it's about getting real about where we are and what's going on here. not deluding yourself about that. >> i agree. but we shouldn't get deluded about things like the impact it's going to have on december spending, too, karen. remember we're talking about 2013 taxes, not 2012 taxes. but if americans are taking out loans based on what their tax return is going to be in april maybe we should be talking about financial literacy and not about how budgeting works. >> we can but i'm just trying to tell you realistically that's how people are living their lives in the united states of america in the 21st century. so we need to be real about how people are living their lives. >> you know what, one thing i do want to talk about, i'll begin with you tony on this. i'm sure you saw that photo making the rounds this week of house committee chairmen? what is that all about. they're all white males. speaker boehner now said he was indeed appointing a female chair congresswoman,
it's about what the effect will be on the economy. just to be clear -- >> it's about getting real about where we are and what's going on here. not deluding yourself about that. >> i agree. but we shouldn't get deluded about things like the impact it's going to have on december spending, too, karen. remember we're talking about 2013 taxes, not 2012 taxes. but if americans are taking out loans based on what their tax return is going to be in april maybe we should be talking about...
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Nov 28, 2012
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we agree it's about jobs and the economy. that's what the president said after the election that he wanted it to be his goal and his priority. we have a difference of opinion about how to get the economy growing again and expanding again. and obviously we have a big interest in making sure that we address the fundamental problem and driver of federal deficits and debt. and that's reforming these entitlement programs that are on an unsustainable path right now. >> so but remember the president also said when he extended the 35% tax rate for the upper income for those making more than $250,000 a year, he says -- he said then that was the last time he was going to do it. it was a one-shot deal. he wasn't going to do it anymore. and as you know he ran his re-election campaign on the notion he was going to increase the tax rates from 35% to 39.6% for those people making more than $250,000 a year. you think he's likely to blink on that? >> you know, i don't know. i hope he is at least willing to work with republicans. republicans a
we agree it's about jobs and the economy. that's what the president said after the election that he wanted it to be his goal and his priority. we have a difference of opinion about how to get the economy growing again and expanding again. and obviously we have a big interest in making sure that we address the fundamental problem and driver of federal deficits and debt. and that's reforming these entitlement programs that are on an unsustainable path right now. >> so but remember the...
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Nov 29, 2012
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the commerce department reports that the united states economy grew 2.7%. business stock piles were bigger. so were the export sales which helped off set weak consumer spending. they are warning growth will slow again in the current quarter, that's because of the problems of sandy and the worries about 9 possibility of a big tax hike in january. >>> the epa is temporarily banning bp from getting any new contracts with the united states government. the epa said it's because of pb's lack of business integrity stemming the explosion and oil spill back in april of 2010. you remember 11 people were killed in that. almost 200 million-gallons of oil spilled into the gulf of mexico. two weeks ago bp agreed to plead guilty to criminal charges. also pay $4 billion in fines. >>> there is a new share older lawsuit over hp's purchase of a british software company. it's claiming that they all missed several red flags about the thing practices. hp shares fell to a ten year low last week after the company announced an almost 9 billion- dollar write down on its acquisition.
the commerce department reports that the united states economy grew 2.7%. business stock piles were bigger. so were the export sales which helped off set weak consumer spending. they are warning growth will slow again in the current quarter, that's because of the problems of sandy and the worries about 9 possibility of a big tax hike in january. >>> the epa is temporarily banning bp from getting any new contracts with the united states government. the epa said it's because of pb's lack...
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that kind of agreement would be good for our businesses, good for our economy. it would be good for our children's future. i believe both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> americans are divided a as to what the solution should be to reach some sort of agreement on the fiscal cliff. look at this abc news/washington post survey that says 60% of americans support raising taxes on the wealthy. 37% oppose it. what about reducing deductions? 44% support it. 49% oppose it. americans, much like lawmakers, want a solution to the problem but clearly divided on how to get there. >> the consensus is there to solve it. the question is how. president obama is meeting with mitt romney today. >> big news. >> do you have any idea what they plan to discuss? >> they are having lunch at the white house this afternoon. the president talked about this after his re-election. he said he wanted to sit down with mitt romney, talk about ways to move the country forward. but the president pointed o
that kind of agreement would be good for our businesses, good for our economy. it would be good for our children's future. i believe both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> americans are divided a as to what the solution should be to reach some sort of agreement on the fiscal cliff. look at this abc news/washington post survey that says 60% of americans support raising taxes on the wealthy. 37%...
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Nov 30, 2012
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the economy slows down. unemployment tends to go up. president obama in this latest so-called fiscal deal he is proposing much higher tax rates no spending cuts, and unlimited borrowing. i would suggest we might get the same thing here. a slower economy more unemployment. >> gretchen: moral of the story from stuart varney. we'll catch you later on today. thanks. the price of pizza and groceries going up. why you can thank obamacare for that? then they're the newest crop of zoo borns. the most exotic animals in the world are live in our studio. first on this day in 1965 "turn, turn, turn" by the birds was the number one song. i don't remember it. do you stu? n yes [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over and over again. ♪ ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >> gretchen: answer to the aflac question of the day alicia cusper. >> brian: they know who they are. they are con
the economy slows down. unemployment tends to go up. president obama in this latest so-called fiscal deal he is proposing much higher tax rates no spending cuts, and unlimited borrowing. i would suggest we might get the same thing here. a slower economy more unemployment. >> gretchen: moral of the story from stuart varney. we'll catch you later on today. thanks. the price of pizza and groceries going up. why you can thank obamacare for that? then they're the newest crop of zoo borns. the...
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Nov 30, 2012
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i do not mind helping the palestinian people who have many challenges to get a good economy and a rule of law nation established on the west bank. but i cannot along with my colleagues in good conscience send $1 billion to an organization who is trying to use the political will of the united nations and the international criminal court to undermine the last, best chance for peace. being a military person myself, i will not sit on the sidelines and use american dollars in a situation where the palestinians can make every idf member a war criminal simply by defending the sovereignty of the state of israel. in the last conflict, there were over 1000 rockets fired into israel. to the american people, what would we do with one rocket hit american soil? not only has the israeli military been measured, you have to romer -- remember they left gaza. hamas is a terrorist organization and now last best partner in the peace process has but the american people and congress in an untenable situation by going around the process, petitioning the united nations to set up the international criminal cour
i do not mind helping the palestinian people who have many challenges to get a good economy and a rule of law nation established on the west bank. but i cannot along with my colleagues in good conscience send $1 billion to an organization who is trying to use the political will of the united nations and the international criminal court to undermine the last, best chance for peace. being a military person myself, i will not sit on the sidelines and use american dollars in a situation where the...
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Nov 30, 2012
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the american economy is on the line. and this is a moment for adult leadership. >> i don't understand his brain. so, you should ask him. okay? >> tough words there. abc's jon karl is covering this all from capitol hill. jon, as we said, senate republican leader mitch mcconnell says he laughed out loud at geithner's offer. break down the offer from the white house and the republican objections. >> reporter: not only did he laugh out loud, the speaker saying it's unrealistic. the key is $1.6 trillion in tax increases over the next ten years. $50 billion in additional stimulus spending. $400 billion in medicare cuts. but unspecified over the next ten years. and effectively ending congress' ability to vote on the debt limit. an unlimited ability to borrow more money. republicans may agree to more taxes. but not that much more. and they certainly aren't going to agree to more spending. and they're going to demand real spending cuts. this wouldn't get a single republican vote in congress. >> and they seemed to indicate yesterd
the american economy is on the line. and this is a moment for adult leadership. >> i don't understand his brain. so, you should ask him. okay? >> tough words there. abc's jon karl is covering this all from capitol hill. jon, as we said, senate republican leader mitch mcconnell says he laughed out loud at geithner's offer. break down the offer from the white house and the republican objections. >> reporter: not only did he laugh out loud, the speaker saying it's unrealistic....
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Nov 30, 2012
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the congressional budget office report said the benefit extension would add 300,000 jobs to the economy, but the federal price tag would be $30 billion. long-term benefits are set to expire december 29th unless congress approves an extension. >>> hostess got the go-ahead for its bankruptcy selloff plans, wiping out 18,000 jobs along with it, but twinkies and some of its other famous products will survive. the company says it is in talks with 110 potential buyers in fact. the court also allowing hostess to pay nearly $2 million to 19 executives so they can manage the bankruptcy. ah, got to love those bonuses. >>> well, fast food workers in new york city rallied for higher pay. a day-long wave of walkout at restaurants, including burger king, taco bell, wendy's, and mcdonald's. part of a drive to unionize and demand a living wage. most earn close to the minimum wage. that is just over 7 bucks an hour. >>> the lucky winners of the record powerball drawing remain a mystery this morning, keeping their identities and their newfound wealth under cover. one of the two winning tickets for the $8
the congressional budget office report said the benefit extension would add 300,000 jobs to the economy, but the federal price tag would be $30 billion. long-term benefits are set to expire december 29th unless congress approves an extension. >>> hostess got the go-ahead for its bankruptcy selloff plans, wiping out 18,000 jobs along with it, but twinkies and some of its other famous products will survive. the company says it is in talks with 110 potential buyers in fact. the court also...
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Dec 1, 2012
12/12
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for our economy. and lindsay lohan is behind the wheel. see, that says danger. people understand that they understand that. >> that is -- that tells the tale perhaps a little better. lindsay lohan, nobody wants her driving. all right. welcome back to "fox & friends" on this saturday morning. so the lottery. >> did you guys play? >> no, no. dave always plays. i forget and then i think i'm glad i didn't. >> i was so convinced i was going to win for some reason. >> what are the chances you are going to get struck lie lightning three times. david didn't win. cindy and mark hill ended up winning from the midwest. >> quick pick ticket that goes against the conventional wisdom you never won with a quick pick. >> last one was won with a quick pick. >> $293 million chopped out approximately in half. they wanted the lump sum. they went back to the high school where they met to accept this and do a little press conference to talk about what they do now. you have to feel happy for them. she was laid off in 2010 i think as an office manager. he had just recently found work a
for our economy. and lindsay lohan is behind the wheel. see, that says danger. people understand that they understand that. >> that is -- that tells the tale perhaps a little better. lindsay lohan, nobody wants her driving. all right. welcome back to "fox & friends" on this saturday morning. so the lottery. >> did you guys play? >> no, no. dave always plays. i forget and then i think i'm glad i didn't. >> i was so convinced i was going to win for some...
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the economy goes back into recession. it's almost as if they can't strike a deal before you get to the very end, which is understandable. the problem is when you play this game, you can make a terrible mistake, and you know, they're gambling with the whole country here right now. >> house speaker john boehner said friday the white house proposal which begins basically with having $1.6 trillion tax increase among other things was essentially a nonstarter. take a listen. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. you've watched me over the last three weeks. i have been guarded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> all right, so common ground. the white house is focused on having high earners, the rich, pay higher taxes and get fewing deductions. if that happens, the middle class comes out ahead. so why is there so much push-back by the republicans? >> the proposal t
the economy goes back into recession. it's almost as if they can't strike a deal before you get to the very end, which is understandable. the problem is when you play this game, you can make a terrible mistake, and you know, they're gambling with the whole country here right now. >> house speaker john boehner said friday the white house proposal which begins basically with having $1.6 trillion tax increase among other things was essentially a nonstarter. take a listen. >> there's a...
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Nov 30, 2012
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the risk of sending the economy back into recession, the risk of having the financial markets decide yet again no reason to have any faith or trust in washington. the risk of global contagion if the united states goes off this cliff. so as dana noted, most everyone thinks in the end they'll get this done. this is the time to sort of plant your flags. as you just noted, appease your base. but there's a risk because we're in such uncertain times after the election. the republicans are looking at a presidential defeat, but they still have the majority in the house, leader for senate up for re-election. as mitch mcconnell told "the wall street journal" today h, he wants to see the president put specifics on the table. he wants to see the president make those democrats mad and say i will raise the medicare eligibility age, i will means test medicare for more affluent americans. democrats are okay with that some of them anyway. he wants to show specific entitlement cut cards and then get revenues from the republicans, but both leader mcconnell and speaker boehner right now, joe, you know t
the risk of sending the economy back into recession, the risk of having the financial markets decide yet again no reason to have any faith or trust in washington. the risk of global contagion if the united states goes off this cliff. so as dana noted, most everyone thinks in the end they'll get this done. this is the time to sort of plant your flags. as you just noted, appease your base. but there's a risk because we're in such uncertain times after the election. the republicans are looking at...
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Nov 29, 2012
11/12
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history, iran is likely to continue using techniques honed in the grand bazaar like bartering to keep its economy alive. ivan watson, cnn, istanbul. >>> just about everything in the u.s. military is regimened and tightly controlled. after the david petraeus scandal and other u.s. generals, does the u.s. military need more than just a review of the rules? let's go to our pentagon correspondent barbara starr. what's going on? >> you know, wolf, with so many officers misbehaving these days, in fact it could come to just that. pentagon investigators have zeroed in now on specific potentially inappropriate e-mails general john allen, the commander of the afghanistan war wrote to jill kelley. she's the socialite who gave her e-mails to the fbi, some that turned out to be from cia director david petraeus' mistress. allen, whose nomination to be military chief of nato is on hold, faces uncertainty. no one knows what the investigation will recommend. high profile problems with some of america's most senior military officers now a matter for the white house. this week president obama is to receive an initi
history, iran is likely to continue using techniques honed in the grand bazaar like bartering to keep its economy alive. ivan watson, cnn, istanbul. >>> just about everything in the u.s. military is regimened and tightly controlled. after the david petraeus scandal and other u.s. generals, does the u.s. military need more than just a review of the rules? let's go to our pentagon correspondent barbara starr. what's going on? >> you know, wolf, with so many officers misbehaving...